The Deerfield-based pharmacy chain is in talks with Sycamore Partners about a deal that could be done early next year to take it private, the Wall Street Journal reports. Walgreens shares jumped nearly 18% on the news.
Deerfield-based Walgreens is in talks to sell the company to a private equity firm in a deal that could be done early next year, according to a Wall Street Journal report.
Walgreens Boots Alliance has been discussing a deal with New York-based Sycamore Partners, which specializes in retail and consumer investments, according to the report. The buyout would take the now publicly traded pharmacy chain private.
Walgreens, in an email to the Sun-Times on Tuesday, declined to comment on the report, saying, “We don’t comment about rumors or speculation about our business.
